Weeks before FSA was enacted, the 1913 Revenue Act became law. It imposed a federal income tax. It did so to pay bankers interest on America’s money. It let taxpayers do it.
The so called 2007 to 2009 Great Recession continues to take an enormous toll on ordinary Americans. Main Street Great Depression conditions persist unabated.
None deserve appointments to local school or other municipal boards. Giving Wall Street favorites money creation power is unconstitutional.
Brookings’ agenda is brazenly imperial. It’s pro-corporate. It’s anti-populist. It feigns concern about inequality.
The president is beholden solely to monied interests. They own him. They make policy. Whatever they want they get. It comes at the expense of popular interests.
The hand that gives is above the hand that takes. Financiers are without patriotism and without decency.
It’s the world’s largest financial market. It trades around $5 trillion daily. It’s more than all global equity markets combined. It operates round-the-clock. It’s manipulated for profit.
The Trans-Pacific Partnership (TPP) is a trade deal from hell. It’s a stealth corporate coup d’etat.
Major equity markets approach nosebleed levels. Experts disagree on whether bubble extremes approach. They’re not unusual. They happen often.
Andrew Huszar is a former Fed official. In 2009 and 2010, he managed its $1.25 trillion mortgaged-backed security purchase program. He’s a former Morgan Stanley managing director.